Sachse Property Sales For December 2016 Are Higher 17%

December 2016 Real Estate Market Summary for Sachse, TX (MLS Area 8)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
New Listings 63 79 25.4 1445 1480 2.4
Closed Sales (Reported) 112 131 17.0 1226 1251 2.0
Closed Sales (Projected) 112 147 31.4 1226 1267 3.4
Listings Under Contract 52 78 50.0 1228 1270 3.4
Average Sales Price $237,242 $262,915 10.8 $221,613 $246,658 11.3
Median Sales Price $233,945 $240,500 2.8 $205,000 $232,500 13.4
Percent of Original Price Received 97.4 96.6 -0.7 98.2 98.7 0.4
Days on Market Until Sale 41 32 -22.8 34 31 -8.4
Inventory of Homes for Sale 159 132 -17.0
Months Supply of Inventory 1.6 1.3 -18.6

Houses sold in December 2016 was 131, a hike of 17% relative to 2015. Year to date in Sachse the number of home sales recorded underwent a rise of 2% from last year, with 1251 sold total this year. This month there was an uptick of 31.4% in projected units sold in Sachse. There were 147 projected units sold total this month. In Sachse projected homes sold year to date saw a hike of 3.4%, with 1267 projected total this year. In Sachse there was a hike of 25.4% in the number of new unit listings in the market in December 2016. There were 79 new unit listings in the market total this month. Year to date in Sachse new house listings reached 1480 total, a rise of 2.4%. In Sachse this month the number of contract listings saw a hike of 50% in contrast to the same period last year, with 78 contract listings this month. Year to date there was a climb of 3.4% in the number of contract listings in Sachse compared to December 2015. There were 1270 contract listings this year. Months supply of residential properties on the market in December 2016 underwent a decline of 18.6%, with 1.3 months of supply total. Housing units for sale on the market in December 2016 was 132, a drop of 17%. In Sachse there were 32 days on market until sale in December 2016, and this was a slump of 22.8% compared to December 2015. The total percent of list price received this month experienced a decline of 0.7%, with 96.6 percent total. Year to date in Sachse the number of percent of asking price received reached 98.7 total, a hike of 0.4%.

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Sachse Texas Real Estate December 2016

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